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Weekly review of Azerbaijani currency market

Business Materials 14 November 2016 11:43 (UTC +04:00)
The official exchange rate of Azerbaijani manat to the US dollar set by Azerbaijan’s Central Bank (CBA) decreased by 0.0273 manats (1.645 percent) last week. Accordingly, the average rate was set at 1.673325 manats to $1.
Weekly review of Azerbaijani currency market

Baku, Azerbaijan, Nov. 14

By Anvar Mammadov – Trend:

The official exchange rate of Azerbaijani manat to the US dollar set by Azerbaijan’s Central Bank (CBA) decreased by 0.0273 manats (1.645 percent) last week. Accordingly, the average rate was set at 1.673325 manats to $1.

Official exchange rate of Azerbaijani manat to the world currencies for Nov. 9 was not set in connection with the holiday.

Official exchange rate of manat to US dollar

Oct. 31

1.6381

Nov.7

1.6596

Nov.1

1.6381

Nov.8

1.6686

Nov.2

1.6490

Nov.9

-

Nov.3

1.6490

Nov.10

1.6782

Nov.4

1.6596

Nov.11

1.6869

Average weekly

1.64676

Average weekly

1.673325

The official exchange rate of manat to euro set by the CBA decreased by 0.002 manats (0.1088 percent) last week. Accordingly, the average rate was set at 1.83835 manats to 1 euro.

Official exchange rate of manat to euro

Oct. 31

1.7967

Nov.7

1.8377

Nov.1

1.7959

Nov.8

1.8424

Nov.2

1.8254

Nov.9

-

Nov.3

1.8329

Nov.10

1.8336

Nov.4

1.8413

Nov.11

1.8397

Average weekly

1.81844

Average weekly

1.83835

The official exchange rate of the Azerbaijani manat to the Russian ruble set by CBA decreased by 0.0002 manats (0.7752 percent) last week. Accordingly, the average rate was set at 0.0261 manats to 1 Russian ruble.

Official exchange rate of manat to Russian ruble

Oct. 31

0.0260

Nov.7

0.0258

Nov.1

0.0259

Nov.8

0.0262

Nov.2

0.0261

Nov.9

-

Nov.3

0.0260

Nov.10

0.0264

Nov.4

0.0261

Nov.11

0.0260

Average weekly

0.02602

Average weekly

0.0261

The official exchange rate of manat to Turkish lira set by the CBA increased by 0.0067 manats (0.275 percent) last week. Accordingly, the average rate was set at 0.5229 manats to 1 Turkish lira.

Official exchange rate of manat to Turkish lira

Oct. 31

0.5266

Nov.7

0.5255

Nov.1

0.5288

Nov.8

0.5258

Nov.2

0.5288

Nov.9

-

Nov.3

0.5292

Nov.10

0.5215

Nov.4

0.5308

Nov.11

0.5188

Average weekly

0.52884

Average weekly

0.5229

Last week, the price of one ounce of gold decreased by 23.9811 manats (1.1091 percent). Accordingly, the average price of one ounce of gold reached 2147.90385 manats.

Change in value of one ounce of gold

Oct.31

2085.3013

Nov.7

2162.1269

Nov.1

2083.6632

Nov.8

2140.8972

Nov.2

2124.6541

Nov.9

-

Nov.3

2149.8838

Nov.10

2150.4455

Nov.4

2159.1396

Nov.11

2138.1458

Average weekly

2120.5284

Average weekly

2147.90385

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